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    After independence, during the second Five Year Plan (1956-61), which steel plant was set up with the collaboration of Germany?
    Question

    After independence, during the second Five Year Plan (1956-61), which steel plant was set up with the collaboration of Germany?

    A.

    Bokaro Steel Plant

    B.

    Rourkela Steel Plant

    C.

    Durgapur Steel Plant

    D.

    Bhilai Steel Plant

    Correct option is B

    After independence, during the second Five Year Plan (1956-61), Rourkela Steel Plant
    was set up with the collaboration of Germany.
    · The Five Year Plans were formulated, implemented and regulated by a body known as the Planning Commission.
    · The Planning Commission was replaced by a think tank called NITI AAYOG in 2015.
    · The First Five-year Plan was launched in 1951 which mainly focused in the development of the primary sector. The First Five-Year Plan was based on the Harrod–Domar model.
    · The Nehru-Mahalanobis model was adopted in the second five-year Plan. The main objective of this plan was rapid industrialization with particular emphasis on the development of basic and heavy industries.

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